Who manages your money which you invest in mutual funds? Here’s all you need to know

Well, if you're guessing it to be your financial adviser, then are wrong because every financial planner or adviser can only give you an advice as well as make you aware of mutual fund schemes and the

10 things to know before investing money in Sovereign Gold Bonds

If you want to earn returns which are linked to the price of gold, then get ready to buy sovereign gold bonds. The Government of India, in consultation with the Reserve Bank of India, has decided to i

EPFO to launch housing scheme for over 4 cr members in March

Retirement fund body EPFO will launch a housing scheme next month for its over four crore members to enable them to make down payment and pay EMIs from their EPF accounts to buy homes, said PTI report

PFRDA hires IL&FS SDC to train 64500 people

Pension regulator PFRDA has appointed IL&FS Skill Development Corporation to train 64500 government employees and other stakeholders on various aspects of flagship schemes NPS and APY, said a PTI repo

NPCI pilots APBS and UPI tools to digitize microfinance industry

National Payments Corporation of India (NPCI) has begun a pilot project to digitize the transactions in micro finance institutions (MFIs). The process has been initiated to bring payments to the last

Sovereign Gold Bonds-Series 4 to open for subscription from Monday: Here’s all you need to know about the scheme

The Government of India has come out with the fourth series of Sovereign Gold Bonds 2016-17, which will open for subscription from February 27, 2017 to March 03, 2017.

Ready to buy a home? Here’s a checklist for you

The macroeconomic conditions are favourable to first-time home buyers. There’s plenty of unsold inventory, home loan interest rates have lowered recently, the government is offering tax incentives o

NPCI, Mastercard and Visa developed BharatQR: Here’s all you need to know

RBI Deputy Governor R Gandhi recently launched BharatQR, a world first interoperable and low-cost acceptance solution which has been developed by National Payments Corporation of India (NPCI), Masterc

Bharat QR code, QR code, India QR code, digital payment, transaction, money savings, cards

With telecom companies joining hands, is the run on cheap mobile data and voice telephony over?

With the smaller telecom companies making an exit or merging with the larger rivals, Reliance Jio starting to charge money for its services come April, and the bigger telecom companies focusing on pro

Layoffs on the rise: Should you opt for a job-loss insurance cover?

In one of India's biggest-ever layoffs, engineering major Larsen & Toubro (L&T) shed 14,000 employees across businesses during the first half of fiscal 2017. Now, according to media reports, some othe

Income tax returns: How perks can add to your tax burden

MANY companies offer perks to their employees in addition to salary. Housing allowance, vehicle, personal attendants, club memberships and employee stock options are some of the perquisites offered by

Home loans: How low-interest rate regime impacts you; 3 points to know

WITH low interest rates likely to continue for some time, people need to understand various aspects of their home loans.

Narendra Modi govt to launch 7th tranche of sovereign gold bonds on Monday

The government will launch the seventh tranche of sovereign gold bonds on Monday, offering a 2.5% annual interest to investors.

Household savings in equities may hit $20 bn annually 

Household investments in equities could touch $20 billion annually during the next three fiscal years, amid the ongoing structural shift in their savings, according to a Deutsche Bank report.

I-T Department tightens its scrutiny of cash deposits post note ban

Tightening its scrutiny of cash deposits post the note ban, the Tax Department is closely looking at any business entity showing a sudden spurt in cash sales in November and December in a bid to detec

Penalty on co-operative bank: Here’s all you need to know about RBI’s KYC norms

Banks should keep in mind that the information collected from the customer for the purpose of opening of account is to be treated as confidential and details thereof are not to be divulged for cross s

Benami Property: I-T books 230 cases, attaches Rs 55 cr assets

The Income Tax Department has registered over 230 cases and attached assets worth Rs 55 crore nationwide as part of its post-demonetisation action under the newly-enforced Benami Transactions Act.

Budget or luxury property: Which is a better investment?

This is a big question on every property investor's mind - do you stand to profit more from luxury property or budget homes? Generally, lower-end real estate needs lower capital, which makes it especi

$100 billion buying spree by Chinese insurers fizzles in 2017

Chinese insurers, after announcing almost $100 billion of deals over the past three years, haven’t made any acquisitions so far in 2017, data compiled by Bloomberg show.

IRC introduces specialized industrial insurance services in India

Mumbai based Entrepreneur Suresh Khairwar lead IRC rewrites the history of Indian Insurance industry by introducing Specialized Industrial Insurance to the Indian clients who are aligned to do busines

Want to make big money? Here’re top 10 growth stocks to buy now for medium to long term

Better-than-expected Q3FY17 quarterly numbers post demonetization and no major negative surprise in the Union Budget 2017 have enthused the equity markets to reach near the 9000 levels.

Rupee halts 2-day winning run, down 4 paise to 66.96

Snapping its two-day rising trend, the rupee today lost four paise to end at 66.96 against the US dollar on fresh demand for the American currency from banks and importers.

MoneyOnMobile doubles addressable market size of its money transfer product

16 New Banks so More Customers can Send Money Through its Agent Network MoneyOnMobile, announced its mobile payments platform, one of the largest in India, now has access to an additional 116 banks th

EPFO: Non-Aadhaar, non-PAN users to provide more information, pay extra TDS while claiming PF money

Everybody wants to get back every paisa of the retirement money which one saves during one's employment. But by not following certain rules and regulations, you may loose a part of your hard-earned mo

EPFO, PF, Money, PAN Aadhaar number

Here’s all you need to know about EPFO’s new Composite Claim Forms

With a view to make its services available to its stakeholders in an efficient and transparent manner, EPFO had introduced Universal Account Number (UAN). Subscribers, who seed Aadhaar and Bank accoun

Looking for home loan? Here’s how to select your lender

Buying a home is a big decision for any individual. The decision is critical not only in terms of the amount of loan and thereby the percentage of disposable income which goes towards paying the EMI o

Portfolio managers’ assets swell to Rs 12 lakh cr in January

Wealthy investors continued to repose faith in portfolio managers or advisory services as the assets under management of such entities rose to about Rs 12 lakh crore in the Indian capital market at Ja

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